Common use of Acceptance by Issuer Clause in Contracts

Acceptance by Issuer. (a) The Issuer hereby acknowledges its acceptance of all right, title and interest to the Trust Assets conveyed to the Trust pursuant to Section 2.1. The Issuer further acknowledges that, prior to or simultaneously with the execution and delivery of this Agreement, the Transferor delivered to the Issuer and the Indenture Trustee Schedule 1 identifying the Initial Accounts.

Appears in 11 contracts

Samples: Transfer and Servicing Agreement (American Express Issuance Trust), Transfer Agreement (American Express Receivables Financing Corp VIII LLC), Transfer Agreement

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Acceptance by Issuer. (a) The Issuer hereby acknowledges its acceptance of all right, title and interest in, to and under the Trust Assets conveyed to the Trust pursuant to Section 2.1. The Issuer further acknowledges that, prior to or simultaneously with the execution and delivery of this Agreement, the Transferor delivered to the Issuer and the Indenture Trustee the TA Account Schedule 1 identifying the Initial Accounts.

Appears in 2 contracts

Samples: Transfer Agreement (Dryrock Issuance Trust), Transfer Agreement (Dryrock Issuance Trust)

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